According to BlockBeats, on July 22, the IDO address data on the AiPTP chain showed that the AI ​​second-layer project AiPTP (ATMT) had oversubscribed 1,500 SOL, and the official announcement stated that all excess amounts would be refunded.

AiPTP is a cross-chain AI platform dedicated to the development of the Bitcoin/Ethereum AI layer. In the early stage, it will serve as a launch pad for ETH/Base and Solana. After the project ecosystem is completed, the AI ​​layer testnet will be opened and the testnet incentive activities will be launched.

ATMT is used as the governance token of AiPTP in the early stage and can be used to participate in governance, pad participation, staking, etc. After the mainnet is launched, ATMT will be used as the gas token and governance token of Layer AI.